Crypto Derivatives Protocol Tracer Transitioning to Mycelium, to Launch Mycelium Perpetual Swaps

Crypto derivatives protocol Tracer announced that it's integrating with Mycelium, a core contributor of Tracer, and is rebranding to Mycelium. $TCR holders are entitled to change their tokens on a 1:1 basis to $MYC, which is a governance and utility token that provides holders additional benefits including trading discounts and rewards programs. In addition, Tracer will launch a new perpetual contract product on Arbitrum this month called Mycelium Perpetual Swaps, which allows traders to take a long or short position with zero price impact. Mycelium Perpetual Swaps will exist alongside Perpetual Pools, another product of Tracer.